Altenar

History & Growth

Altenar’s foundation was laid in 2011 with the creation of BetInAction Software (BIA), which focused on developing first‑generation sportsbook software and white‑label solutions. In 2014, the Altenar brand was launched when Dinos, Stanislav, and Valeri merged their capabilities to build a fully‑managed sportsbook provider, shifting from a pure software‑delivery model to a service‑driven partnership approach. By 2016, the company had entered its first regulated market (Colombia), grown to 40 employees, and served 21 clients. Rapid expansion followed: Altenar now operates from six offices, employs over 700 staff, and works with operators in more than 50 countries. The company reports consistent year‑over‑year revenue growth (43% annual growth noted in 2025) and has been recognized with multiple industry awards.

Products & Solutions

Altenar offers three primary product lines. The Sportsbook Module is a high‑performance betting engine that integrates via API with any existing PAM or front‑end, delivering live odds, fast markets, Bet Builder, a bonus engine, and full market control. The Turnkey Sportsbook is a full‑stack solution inclusive of player account management (PAM), a customizable front‑end with content management system (CMS), and support for both online and retail channels (including self‑service betting terminals). The Retail Solution covers over‑the‑counter wagering, self‑service betting terminals (SSBTs), and centralized reporting and management tools. All products are supported by 24/7 managed trading services, risk management, and dedicated customer support.

Licensing & Compliance

Altenar holds licenses in multiple regulated jurisdictions including Colombia, the United Kingdom (UKGC), Malta (MGA), and various European and African markets. The company’s platform is designed to meet the compliance requirements of each territory, with built‑in player protection tools and responsible gambling features.

Leadership & Team

The executive team combines deep technical and commercial experience. Stanislav Silin, CEO & Co‑Founder, previously led development of the original BIA sportsbook software and has overseen Altenar’s transition from a small startup to a global provider. Dinos Stranomitis, COO & Co‑Founder, is responsible for operational strategy and client delivery. John Quaye, CFO, manages financial operations and corporate strategy. Valeri, Chairman & Co‑Founder, provides strategic guidance and oversight. The company’s culture emphasizes continuous innovation; its development team regularly publishes technical insights and market research.

Market Position

Altenar is recognized as one of the few fully independent, modular sportsbook providers in the iGaming industry. Its ability to offer both API‑light integration and fully managed services makes it a preferred partner for operators ranging from start‑ups to established brands. Recent partnerships include Logrand (Latin America), Anakatech (Africa), and High Roller Technologies (US expansion). The company is actively expanding in Brazil, Africa, and North America.